The Latest Breaking News from Thai

Thai authorities said on Wednesday they had detained a Myanmar tycoon suspected of drug trafficking, who three sources said was linked to the upper echelons of Myanmar's ruling military junta.

Thai steel manufacturers are planning to increase their domestic prices following a rise in operational costs, from raw material prices and electricity bills to the higher daily minimum wage.

Saudi Arabia and Thailand signed in Riyadh on Monday five commercial agreements and established the Saudi-Thai Business Forum. Thai Deputy Prime Minister and Commerce Minister Jurin Laksanawisit confirmed that the two countries would advance towards the most comprehensive cooperative scope, covering all vital sectors. Laksanawisit addressed the Saudi-Thai Business Council…

Thai and other Asian stock markets tumbled on Monday, with the regional benchmark approaching a two-year low last seen in mid-July, as investors fled risk assets after the US Federal Reserve signalled that it would keep raising interest rates to rein in inflation.

Thai superstar singer Lisa has won best K-pop artist, the first solo performer to receive the award, at this year's MTV Video Music Awards.

Thai households are dealing with the highest level of debt in 16 years thanks to prolonged Covid-19 outbreaks and slow economic growth, according to the latest survey by the University of the Thai Chamber of Commerce (UTCC).

Thailand's retail e-commerce market is expected to reach 4 trillion baht in 2025, up from 817 billion this year, while online sales through virtual space, known as meta-commerce, is tipped to be a future trend, says Kulthirath Pakawachkrilers, newly appointed president of the Thai e-Commerce Association (Theca).

Thai food and agricultural companies are being advised to boost their productivity and food safety through the application of Internet of Things, robotics in value chains, and drone technology for plantation and agricultural biotechnology such as genetic engineering.

Asia Plus Securities (ASPS) has upgraded its profit forecast for listed companies in 2022 to 1.13 trillion baht as it is expecting Thailand's economic growth rate will continue to expand in the second half.